How the 9 stocks performed on Friday

Firstpost has been tracking, to the minutest detail, stock trends in small-, mid- and large-cap segments. We are not recommending these shares for buying or selling, but we do offer pointers on price and performance trends. Here is our in-depth analysis on the list of 9 stocks we had put out this morning.

[caption id=“attachment_23733” align=“alignleft” width=“380” caption=“Get clued in with the pointers on price and performance trends. Danish Siddiqui/Reuters”]  [/caption]

We had given a sell call on Reliance Communications below Rs 92.20. The stock touched a low of Rs 91.80 on Friday and closed the day at Rs 92.50. We have a target of Rs 80 for the stock, which will be maintained.

Power Grid was a buy call above Rs 102, which was not set in motion.

IVRCL was a long call above Rs 76.75. The stock climbed a high of Rs 77.20, but crashed immediately, triggering our stop loss for the day.

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Our sell call on IDFC was triggered below Rs 133.85. The stock touched a low of Rs 132.55 on Friday and closed the day at Rs 133.35. We have a target of Rs 128 for the stock.

We were bullish on Idea Cellular above Rs 72.15. On Friday, it went up to a high of Rs 72.95 and ended the day at Rs 71.85. We maintain our price target of Rs 77 and keep a stop loss of Rs 71.50.

Bajaj Hindustan was a sell call below Rs 67.90, which was breached by mid-day. It slid to a low of Rs 66.70 on Friday and closed the day at Rs 66.80. We have a price target of Rs 63 for the stock.

Kingfisher Airlines was a sell call which was triggered on Thursday. The stock tumbled to a low of Rs 40.85 on Friday and closed at Rs 41. We maintain our target of Rs 40.

Our sell call onHCC was triggered on Thursday. However, the news of the Lavassa project being awarded partial clearance led to the stock moving up, which closed higher by 4.44%. We are out of the stock during this rally.

We have a sell call onEKC sinceTuesday below Rs 92 with a target of Rs 88. The stock fell further and touched a low of Rs 88.65 and closed the day at Rs 89.35. We maintain the target of Rs 88 for the stock.

“Neither the author of this post nor his immediate family members has a stake/share in the above-mentioned shares/mutual funds.”

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